Internal Audit Manager

About the role

The Internal Audit Manager will lead the internal audit function for a major investment organisation in Riyadh. The role focuses on evaluating the effectiveness of internal controls, risk management and governance across the investment lifecycle, ensuring regulatory compliance and adding value through actionable recommendations.

Key responsibilities

• Develop, implement and manage the annual internal audit risk assessment and audit plan, aligning it with the company’s risk profile.
• Lead audit initiatives, including planning, execution, reporting and presentation to the Audit and Risk Committee.
• Conduct audits across operational, financial, IT and compliance areas, covering due diligence, asset valuation and investment risk.
• Monitor audit progress, provide regular updates to the CEO and ensure high‑quality audit documentation.
• Prepare detailed audit reports with actionable insights for senior management and the Audit and Risk Committee.
• Follow up on audit recommendations, track remediation plans and ensure timely closure of observations.
• Liaise with external auditors, regulators and consultants during examinations.
• Manage outsourced internal audit providers, overseeing scope, timelines, budgets and deliverables.
• Collaborate with Risk Management and Compliance teams to identify emerging risks and promote a strong control environment.

Required profile

• Significant experience leading internal audit functions within investment or financial services organisations.
• Proven ability to design and execute comprehensive audit plans and risk assessments.
• Strong understanding of regulatory requirements, corporate governance and internal control frameworks.
• Excellent communication skills for reporting to senior leadership and audit committees.

Required skills

• In‑depth knowledge of internal audit methodologies and risk management principles.
• Familiarity with financial, operational, IT and compliance audit techniques.
• Experience managing external audit providers and coordinating with regulators.